GOP compromise budget gives $450M to rainy day fund, $7M to tourism

As Republican lawmakers begin to receive briefings on the budget deal that GOP leaders and the Governor’s Office agreed to in principle April 25, details are beginning to emerge.

The major sticking point between the two sides has been revenue projections — not just for the upcoming fiscal year, which begins July 1, but also for the following two years. Though Gov. Jan Brewer had been unwilling to adopt the Legislature’s more cautious revenue estimates, it appears she had a change of mind.